Copper futures upsurge on increased spot demand

New Delhi, June 12: Copper futures rose 0.13 percent to Rs 885 per kg on Wednesday due to increased spot demand.

The copper contract for July delivery rose by Rs 1.15 or 0.13 percent to Rs 885 per kg on the Multi Commodity Exchange. 2,275 lots were traded in it.

Analysts attributed the rise in copper prices to higher bets by participants.